Gary V. Maningo

About Gary V. Maningo

Gary V. Maningo is an assistant manager at the Bangko Sentral ng Pilipinas in Manila, Philippines.
Author Archive | Gary V. Maningo
Finance

The institutionalization of the credit surety fund in the Philippines

The Institutionalization of the Credit Surety Fund in the Philippines
The local business community is upbeat with the passing into law of Republic Act 10744, otherwise known as the Credit Surety Fund Cooperative Act of 2015 on 6 February 2016. Essentially, the said law provides for the creation and organization of the Credit Surety Fund (CSF) cooperatives to manage and administer credit surety funds and to enhance the accessibility of micro, small, and medium-sized enterprises (MSMEs); cooperatives; and nongovernment organizations (NGOs) to bank credit facilities.